Gigasun AB (OSTO:GIGA) Interest Expense : kr-87.6 Mil (TTM As of Dec. 2024)

View and export this data going back to 2021. Start your Free Trial

What is Gigasun AB Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Gigasun AB's interest expense for the three months ended in Dec. 2024 was kr -23.3 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2024 was kr-87.6 Mil.

Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income(EBIT) by its Interest Expense. Gigasun AB's Operating Income for the three months ended in Dec. 2024 was kr 0.9 Mil. Gigasun AB's Interest Expense for the three months ended in Dec. 2024 was kr -23.3 Mil. Gigasun AB's Interest Coverage for the quarter that ended in Dec. 2024 was 0.04. The higher the ratio, the stronger the company's financial strength is. Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

Gigasun AB Interest Expense Historical Data

The historical data trend for Gigasun AB's Interest Expense can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Gigasun AB Interest Expense Chart

Gigasun AB Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Interest Expense

Get a 7-Day Free Trial

-85.66

-87.34

-94.31

-120.87

-88.66

Gigasun AB Quarterly Data
	Dec18	Dec19	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
Interest Expense	Get a 7-Day Free Trial														-19.25	-21.00	-21.69	-21.56	-23.35

Gigasun AB Interest Expense Calculation

Interest Expense is the amount reported by a company or individual as an expense for borrowed money.

Interest Expense for the trailing twelve months (TTM) ended in Dec. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was kr-87.6 Mil.

Gigasun AB (OSTO:GIGA) Interest Expense Explanation

Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

Gigasun AB's Interest Expense for the three months ended in Dec. 2024 was kr-23.3 Mil. Its Operating Income for the three months ended in Dec. 2024 was kr0.9 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Dec. 2024 was kr1,034.3 Mil.

Gigasun AB's Interest Coverage for the quarter that ended in Dec. 2024 is calculated as

Interest Coverage	=	-1	*	Operating Income (Q: Dec. 2024 )	/	Interest Expense (Q: Dec. 2024 )
	=	-1	*	0.852	/	-23.345
	=	0.04

The higher the ratio, the stronger the company's financial strength is.

Warning Sign:

Ben Graham prefers companies' interest coverage to be at least 5. Gigasun ABs earnings cannot cover its interest expense. If the situation continues, the company may have to issue more debt.

Gigasun AB Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » Gigasun AB (OSTO:GIGA) » Definitions » Interest Expense

Traded in Other Exchanges

7ST0:Germany

Address

Box 3083, Stockholm, SWE, 103 61

Website

https://www.gigasun.se

Gigasun AB is an solar energy company. It offers solar energy solutions to medium and large Chinese companies and organizations. It finances, owns and operates roof-mounted solar energy installations in China.